Dongguan has been plunged into debt as scores of factories leave for greener pastures, but some manufacturers still find it a good place to do business, thanks to its entrepreneurial culture and good logistics infrastructure.
An internal survey commissioned by the Dongguan government at the end of last year found that 60 per cent of the 32 township governments are in deficit as their rental incomes fall in light of the number of factories fleeing the region. Expenses are swelling, including promised bonuses to villagers, public utilities and service providers.
via Business feed http://www.scmp.com/business/china-business/article/1246926/dongguan-still-delivers-plant-chiefs
No comments:
Post a Comment